All Employees: Manufacturing in Utah
Monthly, Not Seasonally Adjusted
UTMFGN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
155.40
Year-over-Year Change
1.37%
Date Range
1/1/1990 - 7/1/2025
Summary
The 'Monthly, Not Seasonally Adjusted' economic trend measures the unemployment rate for the total manufacturing industry in the United States. This metric is a key indicator of labor market conditions and economic performance.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The unemployment rate for the total manufacturing industry is a widely-followed economic indicator that provides insight into the health of the U.S. manufacturing sector. Economists and policymakers use this data to analyze employment trends and assess the broader economic environment.
Methodology
The data is collected through monthly household surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is used to inform economic policy decisions and monitor the manufacturing industry's contribution to the overall U.S. economy.
Key Facts
- The manufacturing unemployment rate is not seasonally adjusted.
- Manufacturing accounts for approximately 8% of total U.S. employment.
- The manufacturing sector is a key driver of economic growth and productivity.
FAQs
Q: What does this economic trend measure?
A: The 'Monthly, Not Seasonally Adjusted' trend measures the unemployment rate for the total manufacturing industry in the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric provides valuable insight into the health of the U.S. manufacturing sector, which is a crucial component of the broader economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly household surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this data to analyze employment trends and assess the overall economic environment, which can inform policy decisions.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis with no significant update delays, providing timely information on the manufacturing labor market.
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Citation
U.S. Federal Reserve, Monthly, Not Seasonally Adjusted (UTMFGN), retrieved from FRED.